Allocation of Section 106 Commuted Sums for Affordable Housing Development at Land North of Cotgrave and Land South of Cotgrave

Record of Decision Taken by Director of Finance and Corporate Services on 16 May 2025

Details of Decision: Allocation of Section 106 Commuted Sums for Affordable Housing Development at Land North of Cotgrave and Land South of Cotgrave.

Authority for decision

Delegated Authority of the S151 Officer, in consultation with the Portfolio Holder for Finance, Transformation and Governance – Cabinet decision 19 September 2019.

Decision

To allocate Section 106 commuted sums designated for affordable housing to Legal & General Affordable Homes Ltd to secure 21 onsite affordable housing units at Land North of Cotgrave (22/02336/REM) and Land South of Cotgrave (22/02335/REM), for maximum amount as specified in paragraph 3 of the Director Briefing Note.

Reasons for decision

To tackle the current challenges in attracting Register Providers to purchase Section 106 affordable homes, the grant funding will facilitate the development of onsite affordable housing. This initiative will ensure that the Council can effectively meet local housing needs and fulfil its statutory housing responsibilities.

Alternative options considered and rejected

The Council could consider accepting First Homes (intermediate housing offered at a discount of up to 30%) or a commuted sum in lieu of on-site affordable housing units. The two sites will deliver small numbers of First Homes as part of a mixed tenure approach, however, the loss of the social rented and affordable rented units has been deemed unsuitable as it does not address the specific needs of residents on the housing register or those under a homelessness duty residing in temporary accommodation. Additionally, the option of accepting commuted sums as an off-site payment has been rejected due to the limited availability of suitable sites to deliver additional affordable housing.

Conflicts of interest and any dispensation

None identified

 

Monitoring Information

Key decision?

Yes.

Confidential/ Exempt (if yes, please state paragraph)?

Yes - Exempt appendices - Director Briefing Note Key Decision and Subsidy Control Assessment under Para 3 Schedule 12A of the Local Government Act 1972

Do General Exception or Special Urgency Rules apply to this decision?

No.

Consultation has taken place with the Section 151 & Monitoring Officer?

Not applicable.

The Leader, Deputy Leader or relevant Portfolio Member have been consulted?

Yes, decision taken in consultation with the Portfolio Holder for Finance, Transformation and Governance on 17.4.25

 

Signed

Peter Linfield

Deputy Chief Executive and Director Finance and Corporate Services